New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:22 EDTPLD, REXR, DCT, EGP, STAGIndustrial REIT sector upgraded to Overweight at Wells Fargo
Wells Fargo upgraded the Industrial REIT sector to Overweight from Market Weight on expectations rent growth will continue throughout 2014. The firm has Outperform ratings on shares of ProLogis (PLD) and Rexford Industrial (REXR), and Market Perform ratings on DCT Industrial (DCT), EastGroup Properties (EGP) and STAG Industrial (STAG).
News For PLD;REXR;DCT;EGP;STAG From The Last 14 Days
Check below for free stories on PLD;REXR;DCT;EGP;STAG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 26, 2014
05:35 EDTPLDPrologis announces Nippon Prologis REIT issuance of new investment units
Prologis announced that Japanese real estate investment trust Nippon Prologis REIT, or NPR, will issue new investment units. Prologis will retain its 15% ownership interest in NPR. NPR intends to use the net proceeds from the issuance, estimated at $374M, for the repayment of the bridge loans used to acquire five Class-A properties for approximately $448M. The properties will be acquired from Prologis' wholly owned Japan portfolio. The assets, totaling approximately 2.4M square feet, were offered to NPR through its sponsor support agreement with Prologis. The acquisition is expected to close September 1 in Japan. NPR is managed by a wholly owned subsidiary of Prologis.
August 22, 2014
10:01 EDTDCTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:51 EDTDCTDCT Industrial downgraded at BMO Capital
As noted earlier, BMO Capital downgraded DCT to Market Perform from Outperform. The firm thinks that industrial operating fundamentals are likely at peak levels, while the downside risk of increased supply continues to grow and other property types are more attractive.
06:31 EDTDCTDCT Industrial downgraded to Market Perform from Outperform at BMO Capital
Subscribe for More Information
August 18, 2014
09:02 EDTPLDPrologis leases 225,000 square feet to Jaguar Rover in UK development
Prologis announced a new lease agreement for 225,000 square feet at Prologis Park Ryton in the United Kingdom, with Jaguar Land Rover. The facility, which is part of Jaguar Land Rover's recently launched special operations division, will be the company's global hub for the creation of its high-performance, luxury bespoke vehicles. The new facility, completed this May, is proximate to Jaguar Land Rover's headquarters, and is well-located at the heart of the motorway network, within easy reach of the M6, M69 and M40/M5. Prologis owns and manages approximately 20 million square feet of logistics and distribution space in the U.K. as of June 30, 2014.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use